Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (35490)	6/28/2003 11:51:23 PM
From: Ilaine	Read Replies (2) of 74559

Hi Jay - if I were you, I'd be mildly puzzled at the resilience of the US economy, as I am mildly puzzled at the resilience of the Chinese economy. I keep reading in the Financial Times (of London) that China is going to devalue but I don't believe it. They've been saying that for years and I think it's wishful thinking. Anyway, selling short isn't working. Gold isn't working. No quick fixes. Our house value has approximately doubled since we bought it, September 1999. We're refinancing again. First 8%, then 7%, then 6%, and now 5%.

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